My previous mistake is not waiting impulse to happen first. Using the similar approach from my previous setup, linked below.
Hello everyone: I haven't update bitcoin for a while since the last bearish move down where I sold my previous hold position. Now that the price developed more on the lower time frame, its show a bit more structure now. We can see price did broke the all time high briefly, before a short lower time frame impulse out of the ascending channel. Latest price...
CARDANO Dont miss the next bullish continuation Hi traders: Looking at ADA for the next bullish run to the upside. We can see price has pushed up very impulsively, and many LTF continuation correction formed to give us the buy entries. Now that price hit the all time high, and begin its consolidations, it give us a good confirmation that a continuation...
Hello everyone: Paying attention to AUDCAD's price action for further bearish move to the downside. Price finally broke out of the HTF rising wedge, and a sharp bearish impulse to push the price down. The latest price is forming yet another bearish continuation correction wedge, and it can give us further selling opportunities once correction is over. BE...
The Bearish Wolfe Wave Pattern has been completed. Last impulse to the North has been exhausted. A strong South impulse has been appeared. It’s time to sell this pair as the long term trade! AUDUSD – SHORT (LONG THERM TRADE) ENTRY PRICE - 0.78000 SL - 0.81850 TP1 - 0.71600 TP2- 0.65900 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains...
Hello everyone: Welcome back to this week’s trading recap video. I took 3 trades this week, and 2 are still running profits. Let's take a look at them and see my approach on entry, SL, TP and management. GOLD - Took BE Full analysis/forecast: AUDCAD - Currently running about 2:1 profit. Full analysis/forecast: EURNZD - Currently running about 1:1 profit....
Hi traders: I wanted to share my thoughts on USDJPY's current price action. We did indeed see a strong breakout from the descending channel structure, and price impulsively push up to the top. This is all align with my analysis for long term bullish outlook. The latest price is looking like it will forming further LTF bullish correction to move the price...
Hello traders: Looking at XPT for long term continuation buys. We see price has already reverse up impulsively from the previous bearish move down due Covid. Latest price has already broke above the previous swing highs impulsively, good signs for further bullish momentum. Wait for LTF continuation correction to form nd complete and look for the buys Thank you
Hello everyone: GBPNZD is once again at the top of its HTF continuation structure, and there is good price action forming to give us another sell opportunity. We see from the previous sell setup that price failed to break out the HTF channel, and made another move up. This is simply an indication the HTF structure isn't finishing correcting at that time, and...
D1 - bottom of the channel. H4 - multiple false breaks + bullish divergences. M15 - bullish impulse. Expecting bullish moves from this zone or slightly lower. Looking for bullish setups on the pullback.
Hello traders: OIL is also on my watchlist for potential sell opportunity. We can see price has been moving up pretty impulsively from the bottom, and continue to push up. What we see from the latest price action is after a bullish impulse up, price did not form further bullish continuations. Instead, it begin to form a more corrective price action, hinting...
Hello traders: Paying close attention to AUDUSD for the sell setups. We see price has reached to the top of the HTF wedge structure, and a strong reversal impulse to push the price down. Naturally after a strong impulse phrase, the market will be correcting, and we are seeing exactly that. I would wait for this LTF correction to complete, and look for the...
Hello everyone: NZD pairs across the boards can have the bearish reversal, and NZDCHF certainly is looking very clean for further downside. We see price managed to break above the pervious swing highs on the higher time frame, but quick reverse down with a bearish impulsive on the LTF. This is indicating a false breakout, and strong bearish momentum is coming...
Hi traders: I have been talking about GOLD for quite sometimes now in my live streams market updates. We finally see price move down to the bottom of the HTF flag/channel structure in a corrective price action. This descending channel/fallen wedge could be the first sign of the lower time frame reversal price action. Latest price showed a breakout form that...
Hi everyone: Keeping close watch on DOGEUSD for the next bullish price action to buy. We see price had a strong bullish push up, follow by a deep correction. As we can see price isn't moving up and down too much, good indications that its in a corrective phrase for the previous bull momentum. Latest price showed a lower time frame breakout follow by small...
Hello traders: Looking at EURCAD for the strong bullish price action to reverse. We see price has been in a deeper consolidation since the last HTF bullish impulse. Price started to from that channel/flag structure, correcting the price. Latest price action has once again reach the bottom, and looking like a bullish flag/channel is about to finish, and we...
Hello everyone: Welcome back to my weekly trading recap video. This week I have several trades resulting in Break Even, let's take a look at these trades and what my approaches are as well. EURNZD - First Trade : Break Even Second Trade - Break Even Full analysis/forecast: USDCAD - Break Even Full analysis/forecast: CADJPY - Break Even Full...
A buddy of mine mentioned this when we spoke about "high conviction trades" My HCT is 3D printing. This is his. I took a look and it appears we're setting up for what appears to be a potential 5th wave of a leading diagonal. This in theory if it proves to be right, should kick off the first motive cycle. Right now it looks like it can go either way. If price...